Dimethylolpropionic Acid Market

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DIMETHYLOLPROPIONIC ACID MARKET
ANALYSIS

• Dimethylolpropionic Acid Market, By
  Application (Polyurethane Dispersions, Resin
  Coatings, Others), and By Region (North America,
  Latin America, Europe, Asia-pacific, Middle East
  Africa) - Size, Share, Outlook, and Opportunity
  Analysis, 2020 - 2027

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• Market Overview
• The global dimethylolpropionic acid market is
  projected to surpass US 530.0 million by the end
  of 2027, in terms of revenue, growing at CAGR
  of 8.0 during the forecast period (2020 to
  2027).
• Market Drivers
• Regionally, Asia-pacific dominated the global
  dimethylolpropionic acid market in 2019,
  reporting 41 market share in terms of revenue,
  followed by Europe and North America,
  respectively.

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Figure 1. Global Dimethylolpropionic Acid
Market, Revenue Share (), By Region, 2019
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Market Opportunities Restraints
The hazardous environmental effect of
polyurethane dispersion is projected to restrict
the use of dimethylolbutanoic acid over the
forecast period. Growth in the construction
industry is propelling the demand for polyester
resin which is further accelerating the market
growth of the dimethylolbutanoic acid. Increasing
development of infrastructure coupled with the
rising adoption of advanced construction
materials is further projected to fuel the market
growth of dimethylolbutanoic acid over the
forecast period. 
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Figure 2. Global Dimethylolpropionic Acid Market
Opportunity Analysis
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Figure 3. Global Dimethylolpropionic Acid Market,
Revenue Share (), By Application, In 2019
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Competitive Section

• Key players are operating in the global
  dimethylolpropionic acid market are Geo Specialty
  Chemicals, Inc., Perstorp Specialty Chemicals AB,
  Henan Tianfu Chemical Co. Ltd., Jiangxi Nancheng
  Hongdu Chemical Technology Development Co., Ltd.,
  and Shenzhen Vtolo Chemicals Co., Ltd.
• Perstorp
• In November 2019, Perstorp, a global leader in
  the specialty chemicals market, has announced the
  extension of its Ymer nonionic dispersing monomer
  product range for Polyurethane Dispersion (PUD).
  PUDs are used in many applications such as
  adhesives and coatings for leather, textiles,
  wood and automotive.

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